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don't only want people to remember the ad,
1:01
would you want them to remember the brand
1:03
behind the I. am. I being there were
1:05
few? But everyone is talking about. The
1:07
I when no one is remembering the boy and.
1:12
Bud Light stayed very light be you
1:14
cafe bad ago they were so like
1:16
there was no lied. They were up
1:18
in the Arya. It's
1:21
about really understanding who your brand.
1:24
Is who your customers are, what you're going to do.
1:26
But I will say at the end
1:28
of the day they are hard costs
1:30
associated. Do this. So if you
1:32
spend their money, show me the
1:34
roaming. Show me the Roman. Show
1:37
me the rhetoric on marketing investment.
1:44
That's. Director Cedar Chief Marketing
1:46
officer at Autodesk formerly
1:48
it Palatine, Apple and
1:50
elsewhere. Today's. Episode: Dives
1:53
into this year's Superbowl ads. What
1:55
worked, what didn't and what the
1:57
millions of dollars spent on air.
2:00
and celebrities indicates about the year
2:02
ahead for anyone trying to make
2:04
a connection with customers. Dara
2:07
shares her take on everything from
2:09
Bud Light to Beyonce, plus
2:11
her three-part rubric for what makes
2:13
an ad a winner. There
2:15
are meaningful lessons for any business
2:18
along with plenty of fun. Let's
2:20
get to it. We'll
2:34
start the show in a moment afterward
2:36
from our premier brand partner, Capital One
2:38
Business. I
2:42
raised my hand to say like I want to do something which
2:44
is like dramatically different from what I've
2:46
done ever before. I think
2:48
a lot of people around me were very surprised
2:50
that I made that decision. That's
2:53
Aparna Sarin, Chief Marketing Officer for
2:55
Capital One Business. When we
2:57
heard from her last year, she was working
2:59
the product side, leading a team to create
3:01
a credit card with no preset spending limit.
3:03
But now she suddenly found herself running marketing.
3:06
Who am I to call myself a CMO? I
3:09
was skittish about people calling me Chief
3:11
Marketing Officer because I've
3:14
never done marketing before. I have been
3:16
a credit leader, I've launched products,
3:19
but I've never done marketing. That
3:21
actually adds even more to that
3:23
imposter in your head. Why
3:25
did Aparna make such a radical pivot in
3:27
her career and how would she handle the
3:30
steep learning curve? We'll find out later in
3:32
the show. It's all part of the Refocus
3:34
Playbook, a special series where Capital One Business
3:36
highlights stories of business owners and leaders using
3:38
one of Reed's theories of entrepreneurship. Today's Playbook
3:41
Insight, have a beginner's mindset. Hello.
3:48
Hey Dara. How are you doing? It's
3:50
great to see you. I'm
3:54
ready to play this game. Let's go. I
3:57
watched the entire Super Bowl. I have to tell you
3:59
this. probably the first time I
4:01
actually watched the whole thing. It was exhausting.
4:03
It was exhausting, right? It was exhausting. And
4:05
I'm a 49ers fan, so I was quite
4:07
devastated at the end when we lost in
4:09
the last 10 seconds of overtime. But Taylor
4:12
Swift's boyfriend is happy, so I guess, it's just
4:14
a reminder that it's Taylor's world and we're all
4:16
just living in it. So I just wanna let
4:18
the audience know. So I'm talking to Dara Triseder,
4:21
who's the chief marketing officer at Autodesk. And
4:24
we're talking about the Super Bowl, but
4:26
what we really wanna talk about is
4:29
the game that went on the competition
4:31
between advertisers and marketers, right? Dara, you,
4:33
I'm told, were offered
4:35
an opportunity to spend $7 million
4:38
for 30 seconds and you declined.
4:40
So now afterwards,
4:43
regret, relief, like
4:46
after seeing what everybody else did? I
4:48
think we made the right decision for
4:51
us. I would say, I think the
4:53
Super Bowl is a winner take all
4:55
situation. So I think you only go
4:57
to play when you are going
4:59
to win. This is not a participation
5:01
trophy exercise, okay? And if you're
5:03
not one of the winners and no one's
5:05
talking about you and you just made absolutely
5:07
no effect, it's really hard to make a
5:09
business case for the ROI on that. And
5:11
my team know me, I'm very corny with
5:14
the saying, show me the Romy, show me
5:16
the return on marketing investment. I think, not
5:18
to say we'll never do one, right? I
5:20
think there are times when you do need
5:22
to do a Super Bowl ad, but you
5:24
have to play to win. If you weren't
5:26
winning and you made no impact, you
5:28
just flushed $7 million down
5:31
the drain. So I
5:33
wanna ask you about this idea of like what the
5:35
return on the investment is, right? Because, well,
5:37
first of all, I'm looking at different
5:39
sites today about the best and the worst ads.
5:42
And some sites, like I'm looking at the New
5:44
York Times and I'm looking at ad week and
5:46
like, some have the best
5:48
ones listed as the worst ones. Like
5:50
they're all over the map, you know?
5:52
So how do you know what your
5:55
return is? And is it
5:57
different for each marketer? Look,
5:59
the marketer. The most important thing you need to
6:01
do with the Super Bowl commercial are
6:03
three things. One, you need to
6:05
be memorable. Even an ad that someone
6:08
else might not like, someone might be like, oh,
6:10
that's the winner because it's memorable. If you
6:12
are an ad that no one remembers and
6:14
no one's talking about you, well, there's
6:16
no participation trophy. You lost. So
6:19
the second thing is you want it to be ownable. You
6:22
don't only want people to remember the ad,
6:24
but you want them to remember the brand
6:26
behind the ad. There are
6:28
a few ads that everyone is talking about
6:30
the ad, but no one is remembering the
6:32
brand. So what a waste
6:34
for that brand. So it's really important that
6:36
you're ownable. And then the third thing is
6:39
it's important to be relevant because
6:41
that relevancy allows you to not
6:43
only capture hearts and minds in
6:45
the moment, but it allows
6:47
you to leverage that moment to give your
6:49
brand momentum going into the rest of the
6:52
year. And so some brands did a really
6:54
nice job of that. All right.
6:56
So maybe you can give me an example of one
6:58
that you thought was particularly memorable. The
7:00
ad that I thought was memorable, ownable,
7:02
and relevant was the Dunkin' Donuts ad.
7:05
I thought they brought it home. You
7:07
know, seeing Ben Affleck
7:10
and his little boy band, I was like, this
7:12
is such a cool boy band. How do I become a groupie
7:14
for this boy band? And just seeing
7:16
them enjoy themselves. And talk about brand
7:18
placement, right? You could not miss that
7:21
that was a Dunkin' Donuts ad. Oh
7:24
yeah. They were wearing pink and orange all over the
7:26
place. They were wearing pink and orange everywhere, right? It
7:28
didn't have to be about coffee or donuts. But
7:31
you remember the brand. You remember the brand. It was
7:33
very ownable. And you know, you had
7:35
that kind of scene in the car before Ben
7:37
Affleck goes in where there's a Dunkin' Donut drink.
7:39
So you had that placement as well. And
7:42
then, you know, the line at the end
7:44
where JLo basically tells everyone else they could
7:46
go, but Tom Brady can say, I was on
7:48
the floor. I was literally dead on the floor.
7:51
It's so funny. It's so hilarious. And you know,
7:53
JLo used to be a judge on, I believe
7:55
it was American Idol. So it's also that funny
7:57
thing of, you know, Matt. Damon
8:00
and Ben Affleck kind of not getting an
8:02
invitation to stay but there was just so
8:04
many memes so many insider jokes
8:06
in there But also like just even if
8:09
you know nothing about Ben Affleck or JLo
8:11
or Dunkin Donuts you enjoyed that spot So
8:13
that was a really good spot and they've
8:15
continued to release cuts on
8:17
social media. Their social presence has
8:20
Exploded and so I really thought they did a
8:22
really nice job Yeah,
8:25
and they have some products. I guess they're gonna be selling
8:28
Like they thought it all the way through so it
8:30
keeps going exactly They really did a nice job of
8:32
threading that all the way through Another
8:34
ad that I thought did a good job was
8:37
the State Farm ad Right
8:39
with the like a good neighbor with
8:41
Arnold Schwarzenegger Look, they had
8:43
their clear value proposition like a good
8:45
neighbor State Farm is there they did
8:47
not deviate from that But what they did
8:49
was, you know, give a Red Bull
8:51
shot, right? They gave a shot of
8:54
adrenaline a shot of energy to that
8:56
tagline just kind of reenergizing it It
8:58
almost reminded me of that what's up
9:01
ad from like way back when right? So, you know
9:03
I can imagine you're gonna hear a lot of people
9:05
think like a good neighbor and like really
9:07
leaning into that and who doesn't love You
9:09
know a little Donny DeVito at the end there.
9:12
It was an interesting choice They made too
9:14
though not to like continue to play off
9:16
the Chiefs Cuz my homes and Andy Reid
9:18
have been in their ads back and Kelsey
9:20
over and over So they were like no,
9:23
we're not gonna go that way I thought
9:25
it was a smart choice because
9:27
you know There's already so much
9:29
energy around the Chiefs with Taylor Swift and
9:31
Travis and as a brand you don't want
9:33
to get lost Right. And so if
9:35
they leaned into that they probably would have gotten lost But
9:38
instead bringing Arnold Schwarzenegger and just kind
9:40
of going a completely different route I thought
9:42
that they were able to regain interest. They
9:44
did a nice job of not overplaying a
9:47
hand That's already worked instead. They dealt a
9:49
new hand and they won All
9:51
right. So I want to ask you about
9:53
are there ones that sort of were memorable
9:55
but didn't really connect the brand So
9:58
the team who adds I I thought they
10:00
were memorable, but maybe not for the
10:03
best reasons. In these high stakes
10:05
games, the ad has
10:07
to be enjoyable. I remember my kids were there
10:09
watching the game and they were loving the ads,
10:12
Mama, what do you think of this ad and that ad? And
10:14
of course they know Autodesk software used to make
10:16
a majority of these ads. They're like, Autodesk helped make
10:19
all these ads, Mama, what do you think? But I remember
10:21
when the Teamoo ad would come up, my son is
10:23
like, okay, I'm gonna go get another ice cream, I'm
10:25
gonna go get a piece of cake. And that was
10:27
a signal to me of, okay, these ads are just
10:29
not resonating. They ran it like three months. They ran
10:32
it like, what a missed opportunity I thought. So memorable,
10:34
but not for the good reason. It's like, if I
10:36
remember you as when I actually went to go take
10:38
a bathroom break or get some snacks, that's not exactly
10:41
why I want to remember it. The
10:43
ad that stuck in my head
10:45
as being the biggest groaner for
10:47
me was the Snapchat ad. Yeah.
10:50
That it was sort of about like, don't
10:52
do social media and then there's social media
10:54
site. I mean, I just like, who are
10:56
they talking to? They're trying
10:58
to make a distinction that I just
11:00
didn't feel like it landed for me. You
11:02
know, it's interesting, but I would say if
11:05
you hadn't mentioned it, I wouldn't even have
11:07
remembered it. So I don't think that ad was
11:09
memorable. But
11:13
also, I think to your point
11:15
of being relevant, right? We're just
11:17
we're sitting in the aftermath of
11:19
having had these social media CEOs
11:21
be summoned by Congress and question
11:24
about the impact of social media
11:26
on people's minds. And I thought,
11:28
here's an opportunity for you to
11:30
build trust. And instead, what I
11:32
would say is in some ways, it felt
11:34
like patronizing and like
11:37
it was not building trust, but instead taking
11:40
away from trust. Because it's like, you're not
11:42
taking me seriously and saying, how are you
11:44
going to make this safer? You're just telling
11:46
me that you're not social media, but you
11:48
are social media. And so that
11:50
felt like, you know, you're not
11:52
actually addressing the core concerns that people have.
11:54
So in some ways, it'll be interesting to
11:57
see if that did anything for them. But
11:59
I doubt that. would have. So
12:02
on the relevance front, most of the
12:04
ads were trying to be funny. You
12:07
know, there were a lot of
12:09
celebrities. Oh, gosh, there was not
12:11
a lot of effort to like
12:13
reach emotion other than humor. That
12:16
was a big observation that I had.
12:18
This is not the year about provoking
12:20
people. This is the year about playing
12:23
it safe. Right. And when
12:25
people want to play it safe, what
12:27
do they do? They lean into comedy,
12:29
safe comedy, or they lean into nostalgia.
12:31
And a lot of the ads were
12:33
all about nostalgia. If you even look
12:35
at the demographic of the celebrities that
12:37
were used, right, majority of the celebrities
12:39
that were used were, you know, not
12:41
the Gen Z-ers, right? It was, you
12:44
know, sort of millennial Gen X, even
12:46
boomers, right? It was a very different
12:48
demographic. So you saw people leaning into nostalgia,
12:50
you saw them leaning into humor. And I
12:52
think the Super Bowl always sets the tone
12:54
for the year. And it's interesting, right, because
12:56
we are in an election year here in
12:58
the United States. And I think what you're
13:01
hearing brand says we're staying out of it.
13:03
We are going to be playing it safe. We
13:06
are focusing on humor. We are focusing on
13:08
what unites us, not what divides us. We
13:10
want to stay out of anything
13:13
polarizing. Businesses are
13:15
not gonna say who they
13:17
are or deliver their personality in
13:19
a way that might set somebody
13:21
up. No, that you are hearing brands say loud
13:23
and clear, this is not the year. This is
13:25
the year to focus on what unites us. Bud
13:28
Light stayed very light. You
13:32
can say that again. They were so light. They
13:34
were so light. They were up in the air,
13:36
right? I mean, you throw in a, was it
13:38
a yellow lab? You throw in a dog in
13:40
there. I was like, okay, so they're clearly like
13:43
saying, hey, we don't want to be a part
13:45
of the conversation in that way. Like there was
13:47
very little risk taking, very little risk taking 60%
13:51
of the ads, you celebrities and 30% use
13:55
multiple celebrities. So there was very
13:57
much a, let's kind of coast off the wave
13:59
of celebrities. Let's play it safe. Let's
14:01
not take any crazy chances. I
14:04
will say some people got super creative
14:06
and interesting. And I really love the
14:08
Kawasaki ad because is there anything more
14:10
American than a mullet? I don't know
14:12
if there's anything more American than a
14:15
mullet. Driving by everything and turning
14:17
it into a mullet. Like who came up with
14:19
that idea? It was brilliant. And when you saw
14:21
that eagle get a mullet, my
14:23
kids were loving it. They were like, mommy, the eagle
14:25
is a mullet. I have to say
14:28
this. Those mullets were created using
14:30
our Autodesk Design and Make platform by
14:32
one of our amazing customers, The Mill.
14:36
So earlier you were talking about the reason that
14:38
you didn't want to buy an
14:40
ad, right? Which is that you couldn't own it.
14:42
You couldn't win. And I'm just
14:44
thinking about this parallel you're talking about, about you
14:46
want to be memorable, but at the
14:48
same time, it's not a time to take a
14:51
risk. Is that part of the reason
14:53
why you said like, I'm not going to
14:55
do this this year because in order to
14:57
be memorable, I have to take a risk, but it's not
14:59
a time to take a risk. If you're doing an
15:01
ad in the Super Bowl, you have to take a risk.
15:04
But I like to say you have to take what I
15:06
call a clear eyed risk. What is a clear
15:08
eyed risk? A clear eyed risk is where you
15:11
gather as much data as you can. You
15:13
strip away uncertainty and then you make a
15:15
decision with conviction. And
15:17
you know, going into this Super
15:20
Bowl, like knowing how brands were
15:22
going to play it safe, that
15:24
type of environment, you really have
15:26
to plus up your ad. Because
15:28
the worst thing in the world
15:30
is to spend that money and
15:32
not have a return. And
15:34
so as a CMO, right, I had
15:37
to kind of weigh all the things we have
15:39
to do with the money that we have. And
15:42
when I looked at what the return could be
15:44
versus other things, it just didn't make sense
15:46
for us this year. I'm not saying we'll
15:48
never do one because, you know, there might
15:50
be a year that it absolutely makes sense
15:52
for us, but you have to go in
15:55
with that calculus. And also you have to
15:57
think about the fact that you sometimes some of
15:59
these things. Foreign investment that may
16:01
not pay off Immediately accosted,
16:04
you know, sort of go
16:06
through time. Answer. You also
16:08
have to be thinking about where is
16:10
your business and it's life cycle a
16:12
what is needed there and then and
16:15
the right decision. Will vary your on.
16:17
Yeah right. Like I really loved
16:19
the Serov The Spot Michael Cera
16:21
you know I was like what
16:23
a brilliant spy It was so
16:25
funny and so smart and you
16:28
know was memorable. It was audible.
16:30
At it was relevant and right and so
16:32
I think that you had to go through
16:34
that rubric almost in a very scientific ways.
16:36
and if at the end of the day
16:38
you had a creative idea that sucked all
16:41
of those boxes or could deliver the are
16:43
white and go ahead. but. If you don't it
16:45
might be bigger that you say. You know this is
16:47
the year I'm going to be eating chips on the
16:49
couch and searing for other people. This is in the
16:51
year I'm gonna be in the arena as will step
16:54
in the arena. You better be ready to win. Last.
16:57
Year. I know you guys put money behind
16:59
some campaigns at the Oscars. yeah that were
17:01
very forgotten Realms. We? why our the We?
17:03
the lives That really? That that really works
17:06
for your tongue. Meserve the Hi I'm a
17:08
bit you think about to be our ally
17:10
and I'm curious. Like some brands get a
17:12
lot of pre work, there's a lot of
17:15
teaser activity sort of building up to the
17:17
Superbowl. Spend their some brands that are sort
17:19
of launching something baby that they're going to
17:21
do more of in the future. Like when
17:24
you think about these events what you did
17:26
it. The Oscars in which you see
17:28
others doing here like how do you
17:30
measure that are why Because the winning.
17:33
The. Day after isn't necessarily really winning for
17:35
your business, or is it is that all
17:37
it's about? You know, winning at the day
17:39
after the swap? I think you have to win for
17:41
your business and I think the. Way you win for
17:44
your business is you have to win. During
17:46
the Superbowl, you have the wind before the.
17:48
Suburbs are you need to win after. The Superbowl?
17:50
right? So I think the right winning
17:52
strategy looks at the pre, during, and
17:54
post. You. Need a three sixty
17:56
degrees integrated marketing strategy around, right?
17:58
Because one of the. The I
18:00
will my team and I love to
18:03
talk about his. We focus on brands
18:05
to demand to convert. I really believe
18:07
that brand desire fuels growth and so
18:09
the opportunity that the Superbowl gives you
18:11
his you are in front of over
18:13
a hundred and fifty million people tuning
18:15
in. I'm watching. And hundreds
18:17
of millions of people. Who are
18:20
going to participate in the conversation on
18:22
lights by the way from around the
18:24
world And so as a brand you
18:26
have to really think through what is
18:28
the strategy to kind of sure? Bram.
18:31
Desire. But then how do I make
18:33
sure that I can't take that desire
18:35
and use. It. To fuel growth, you want
18:37
to create desire and need for something that
18:39
you can actually fulfill. Not that somebody is
18:41
going to go somewhere else. Ever. Exactly the
18:43
way you describe the zeros like a zero
18:45
sum game. I'm not sure I buy that
18:48
all the way. and I think some of
18:50
these advertisers ten when even if you didn't
18:52
win Everything here is what I'll say, right?
18:54
I think looking at that rubric right, have
18:56
been memorable. Own a bull or our. This
18:59
is what mattered. Most see you was
19:01
being honorable and you are willing to give
19:03
away. You know some of the things around
19:05
be memorable been rather because that's all that
19:07
really mattered. A you know that that's what's
19:10
gonna make the most for your business. Good
19:12
for you right? I think at the end
19:14
of the day it's about really understanding who
19:16
your brand is, who your customers are on
19:19
what you're going to do. But I will
19:21
say at the end of the day they
19:23
are hard costs associated. Do this So if
19:25
you spend their money. Show. Me:
19:27
The role Me: Show me the Realm Me: So
19:30
mean a return on marketing investment. Show.
19:32
Me: The Role Me: Love that.
19:35
You. Need discipline alongside the magic
19:37
to make impact that matters coming
19:39
up after the break. Risk worth
19:41
taking beyond Seize Power Move and
19:44
the brands of San Francisco. Stay.
19:46
With us. Or. Is back in
19:48
a moment after a word from a premier
19:51
brand partner Capital One business. It
19:55
has something to do with the seven years
19:57
it's movie. Once. Every seven
19:59
years. Push myself to get
20:01
massively. Out of my comfort zone. We're.
20:04
Back with a partner Sarah of Capital One
20:06
Business. Seven. Years and her career.
20:08
She left India for the U. Seven.
20:11
Years later she changed employers. Now she was
20:13
getting that seven year itch again and she
20:15
wanted to broaden her skillset. So she pushed
20:17
herself into a field she had no experience
20:19
in. Marketing. I.
20:21
Was like okay, what to do something. That I'm never
20:24
done before. I. Knew that I
20:26
will be the least smartest person
20:28
in the room for a long,
20:30
long time. But. Apart a
20:32
new that of she approached her new position
20:35
with a beginner's mindset. She might be able
20:37
to get some much needed guidance so she
20:39
started asking questions. How
20:41
are different industries evolving in this
20:43
current world of marketing? One of
20:45
the challenges that marketers are facing
20:48
today. it's Were V today with.
20:50
An Argentinian. our business. Was.
20:53
A Customer expectations. And.
20:55
Finally what is needed to get there.
20:58
Have been asking the same questions again
21:00
and again and apologizing for sounding like
21:02
a broken record. Having a
21:04
beginner's mindset also means admitting that you don't
21:06
have all the answers. The.
21:08
Thrill is not just knowing the
21:10
right answer that thrill is and
21:13
finding ways to get. To the
21:15
right answer. This is being comfortable for to
21:17
with having skeptics in the room. That
21:19
was really important. And then second
21:21
was get down to work. For.
21:24
Would have harnessed team except her as a leader.
21:27
Will. Find out. Later in the show
21:29
saw part of Capital On Businesses Spotlight
21:31
on Business Leaders Following reads: Refocus played
21:33
it. Before
21:40
the break we heard Autodesk
21:42
cm a director at Now
21:44
She digs into risk worth
21:46
taking dissing about beyond say
21:48
be Nfl new soda brand
21:50
poppy and more plus conversations
21:52
worth leaning into and those
21:54
to avoid. Here we go.
21:57
So. if you're up a brand you're
21:59
a marketer You don't have money
22:01
for the Super Bowl. You don't
22:03
really have money for a slew
22:05
of celebrities, right? Like, the messages
22:07
you get from this event
22:09
kind of seem like, as you're talking about, it
22:11
sets the year, like, don't take too much risk.
22:14
But what do I do? How
22:16
do I get my message out there?
22:18
So first of all, I think the
22:20
message isn't don't take too much risk.
22:22
I think it's only take clarified risks,
22:25
right? Don't take risks you
22:27
don't need to take. And also be focused
22:29
on your value proposition. Customers and consumers, they're
22:31
not looking for their brands right now to
22:33
tell them who to be or how to
22:35
live. They're looking for their brands to tell
22:37
them how they're going to help them. And
22:40
then I think the third thing is don't forget
22:42
the magic, right? You see in the
22:44
Super Bowl, lots of people throwing lots of
22:47
things. And with the brands that, you
22:49
know, bubbled up to the top, the
22:51
brands that all of us are talking
22:53
about are those brands that had creativity.
22:55
But here's the thing, even if you're
22:57
not doing a Super Bowl ad, you can
22:59
lean into the conversation. So for example, for us
23:01
at Autodats, you know, the stadium that
23:04
the game took place in was actually
23:06
designed and made with our platform in
23:08
a record two and a half years
23:10
ahead of time and ahead of budget.
23:12
And so we went on social media
23:14
and celebrated our customers who had been
23:16
a part of that. So of course,
23:18
we didn't take up a spot in the Super Bowl,
23:21
but we were a part of the conversation. So I do
23:23
think that, you know, if your brand is in
23:25
any way connected, there's still a way to sort of lean
23:27
in. We were talking about things bubbling
23:29
to the top. And I was thinking
23:31
about the different ads about soft drink.
23:34
Yes. You know, that there were sort
23:36
of very humor oriented ones for Mountain
23:38
Dew and for Starry. But then there
23:40
was the Poppy ad, which was not
23:42
particularly, I don't know, surprising or funny,
23:44
but was very clear about what it
23:47
was about, right? There's a soda out
23:49
there that, you know, only has five
23:51
grams of sugar instead of 30. So
23:54
that's one that I think was ownable, but
23:56
maybe not as memorable and not as
23:59
relevant. Again, I come back
24:01
to this trifecta because I think they did
24:03
a really good job of the own ability.
24:05
Like you knew Poppy, right? It's like I
24:07
even had my kids be like, mommy, what
24:09
is Poppy? So like you knew what it was
24:11
about, but was it as memorable as it could
24:13
have been? Was it as relevant? I think they
24:15
could have worked on making it more memorable and
24:17
making it more relevant. The one that was most
24:20
emotionally effective for me, surprisingly, was
24:22
the NFL ad about the kid
24:25
in Africa. Yes, I couldn't agree
24:27
more. I really loved
24:29
the NFL ad, shutting Ghana with a
24:31
little boy. And I thought it was
24:34
really great. And the NFL is trying
24:36
to embrace more of a global audience.
24:38
Certainly the Africa WhatsApp chat groups,
24:41
which I'm part of a few, were popping
24:43
as a result of those ads. So I
24:45
do think that they did a nice job
24:47
of going to that target audience, reaching them,
24:50
and speaking to them in a way that
24:52
deeply resonated with them. You
24:54
also brought up earlier the point about
24:56
demographics and who you're trying to speak
24:58
to. Because some of the brands, I'm
25:01
looking at whatever, the Mountain Dew ad.
25:04
And I know they're not really targeting
25:06
me, right? Because I'm not their target
25:08
audience. But then I'm looking at the
25:10
BMW ad with Christopher Walken, and
25:12
I'm asking my kids, do you know
25:14
who Christopher Walken is? And
25:17
they're like, oh yeah, he was the guy in
25:19
Wedding Crashers, which is not the way I remember
25:21
him. But yes, he was in that movie, right?
25:24
Yeah, exactly. And that's why I said you have to
25:26
think about who's your target audience? And is this person
25:29
really going to resonate with that target
25:31
audience? That's also gonna play a factor
25:33
in who gets the return on investment.
25:35
Because if you click, but not with
25:37
the right people, then maybe that
25:39
expands your market, but maybe it doesn't. I
25:43
do have to say, as a Beyonce fan, I
25:46
absolutely love the Beyonce spot. Now,
25:48
I was watching with other members of
25:50
my family who are maybe not as
25:53
big Beyonce fans as myself, my husband.
25:56
And so I have to say, I
25:58
was watching him as I... watching myself and
26:00
I thought, I gotta be objective here. Look,
26:03
I think that the ad was actually excellent
26:05
for Beyonce because she just dropped new music.
26:07
It was a very mutually beneficial situation. In
26:09
fact, I had so many of my girlfriends
26:11
texting me. They were like, Dara, we are
26:13
country music fans now. She did a really
26:15
nice job of leaning into something that made
26:17
sense for her. And, you
26:19
know, I think Verizon also, right? The fact that
26:22
they got Beyonce in their ad is in itself
26:24
a statement because she is not the kind
26:26
of celebrity who appears in
26:28
a lot of ads, right? And so the fact
26:30
that you can land her in your ad in
26:33
itself is memorable. Well, I love
26:35
the way as a celebrity that she used
26:37
the ad for her own purposes. In the
26:39
same way that Taylor Swift, you know, winning
26:41
at the Grammys used it as an opportunity
26:43
for stuff. She's like, if I'm gonna fly
26:45
all the way from Asia for this, I'm
26:47
gonna let everybody know I got a new
26:49
album coming out. Exactly, exactly. It's like a
26:51
mutually beneficial situation. Two very smart, accomplished women,
26:53
you know? The year is off to a
26:55
great start. Are
26:58
you excited about the year ahead as a marketer
27:00
or with all of the political
27:03
backdrop? Are you like, I
27:06
just gotta watch where I step that
27:08
much more? I wish we could all
27:10
focus more on what unites us than
27:12
what divides us. You know, but the
27:14
reality is for any big business, you
27:16
are going to have customers, employees, and
27:18
partners on both sides of the aisle. And
27:21
so as a brand, you know, especially
27:23
as a marketer, you have to remember
27:25
that your personal views cannot be your
27:27
brand views. And I think
27:29
that is something that sometimes people struggle with.
27:32
But you have to be
27:34
able to be objective and you
27:37
have to make sure that you are truly
27:39
being inclusive. And truly being inclusive means
27:41
focusing on what unites us and embracing
27:43
all of your customers, right? Now, I'm
27:45
not saying as a brand, if there's
27:47
something that's deeply core to your value,
27:49
you're gonna shy away from that. For
27:51
example, for us at Autodesk, sustainability
27:54
is something that is a core part of
27:56
who we are, right? But there are other
27:59
myriad of topics. that don't make
28:01
sense for us. And so we're not gonna be
28:03
in those conversations. I'm curious, as
28:05
a leader these days, there's the imperative,
28:07
at least said all the time, bring
28:09
your full self to work, be more
28:11
transparent about who you are. But at
28:13
the same time, you
28:15
can't really bring everything because maybe some
28:17
of those things aren't the things that
28:19
the brand stands for, right? So like-
28:21
I agree. I have always said this, by the way.
28:24
I have been like, I do not bring my whole
28:26
self to work. There are parts of Dara that you
28:28
at work do not need to see. I'm gonna leave
28:30
them at home for my husband and my kids. The
28:33
part that I bring to work is
28:35
I do wanna bring my authentic self.
28:37
I wanna bring the best parts of
28:39
myself. I wanna be an
28:42
empathetic leader. But the reality is all
28:44
of us have personal views and
28:46
personal opinions because we are humans.
28:49
And it is really important that at
28:51
work we are objective and
28:53
that we are as much as
28:56
possible not using our own personal
28:58
agenda to determine what
29:00
drives us strategy in our business. Look, hey,
29:02
I think you need to bring a good
29:04
part of yourself to work, but there are
29:06
probably parts you need to keep at home.
29:09
And I think the smartest thing as a leader you
29:11
could do is figure out what those parts are that
29:13
need to be at home and keep at home. So
29:16
San Francisco lost the game. Devastating,
29:18
devastating. I know, I know. For
29:20
the brand of San Francisco versus
29:23
the brand of Kansas City, as cities
29:25
where just winning these games matter, how
29:27
does that play out? You know, I
29:29
really, really, really wanted San Francisco to
29:31
win, I can't even tell you. I
29:34
threw a Super Bowl party. I don't
29:36
usually throw Super Bowl parties. My whole
29:38
family, we were dressed to go to
29:40
San Francisco 49. And we had gone
29:42
to church earlier that day. And it
29:44
was so funny because everybody was dressed
29:46
in the San Francisco 49ers costume.
29:49
San Francisco has had such a
29:52
trying time, right? We've
29:54
gotten a little bit of a bad rap lately. And
29:57
I felt like this was our chance
29:59
to... sort of start
30:01
our comeback narrative. And
30:03
so that last 10 seconds of
30:06
overtime with the chief cleaning, my
30:08
son came, mommy, we lost. But
30:10
I think we needed it more than the chief. But
30:13
you know, I like Taylor Swift, you know,
30:15
I'm a fan of the whole thing. So,
30:17
you know, we cried a little
30:19
bit that we got ourselves together, we look at
30:22
Taylor and Travis happy on the field and we're
30:24
like, okay, all is well. Well,
30:27
Dara, this has been great. This has been great.
30:29
Thank you for doing this. I really appreciate it.
30:31
Well, thank you so much for having me, Bob.
30:33
This was such a blast. There's nothing more fun
30:35
as a marketer than getting a chance to kind
30:37
of debrief. So thank you. I
30:40
always have fun talking to Dara, not
30:42
just because she speaks her mind, but
30:44
because she's such a disciplined thinker when
30:46
it comes to business. It's
30:49
so easy for all of us to
30:51
get caught up in emotion, to measure
30:53
ourselves against others to want to win
30:55
at all costs. But there's
30:57
a right time and a wrong
30:59
time to act. Business is a
31:01
long game and having a game
31:04
plan that adapts as conditions change
31:06
and improves when you hit overtime.
31:08
That's what ultimately succeeds. I'm
31:11
Bob Safian. Thanks for listening. And
31:14
now a final word from our brand
31:16
partner, Capital One Business. There's
31:21
a road from Tbilisi to western
31:23
Georgia lined with women that have
31:25
burns up and down their arms,
31:28
and they're all making a cinnamon
31:30
honey raisin bread. They're all competing and they're
31:33
holding a piece of the bread and waving
31:35
it at you in the hopes that you'll
31:37
stop at their hut. We're
31:40
back one more time with restaurant owner Rose
31:42
Preffitt, and those women who baked bread in
31:44
backyard ovens had given her an idea. I
31:47
really, really wanted to have a
31:50
fire outside, but
31:52
the health department shot me down hard. But
31:55
Rose had the fortitude to pursue her goal, and
31:58
that meant rethinking how she'd get the there. What
32:00
if she opened a second restaurant, one
32:03
that could accommodate an indoor fire? I
32:06
walked into this 140-year-old warehouse. I saw
32:08
super high ceilings and this steam shaft
32:10
that was very rusted, but I had
32:12
a feeling went through the roof. I
32:14
was like, I think I can put
32:16
the fire there. Midon's
32:18
charred eggplant and scorched flatbread have won
32:20
the restaurant its first Michelin star. Rose
32:23
has since added a third restaurant and a
32:25
wine importing business to her portfolio, and
32:28
she wouldn't have been able to do it without
32:30
grit, says Lauren Tresco of Capital One Business. Rose's
32:33
story is such an inspiring example of how
32:36
important it is to have tenacity when it
32:38
comes to building a business. So
32:40
many elements need to align in order
32:42
to scale your company, and navigating that
32:44
journey takes fortitude. Capital
32:47
One Business is proud to support entrepreneurs and
32:49
leaders working to scale their impact. From Fortune
32:51
500s to first-time business
32:53
owners. For more resources to
32:55
help drive your business forward,
32:58
visit capitalone.com/Business Hub. Again,
33:00
that's capitalone.com/Business Hub.
33:03
As with every ad on Masters of Scale,
33:05
the entrepreneurs you just heard from were real
33:07
and unscripted. Because Capital One is
33:09
a financial institution, it's important to them
33:11
to be transparent about their relationship with
33:13
the entrepreneurs we interview. Some of
33:15
these entrepreneurs are Capital One customers and some
33:17
are. Capital One did compensate all
33:20
of them for participating in this campaign. Thank
33:48
you. and
34:00
Timothy Lu Lee, mixing
34:02
and mastering by Aaron Bastinelli and
34:05
Brian Pugh. Our CEO
34:07
and Chairman of the Board is Jeff Furman.
34:10
Wait what was co-founded by June Cohen
34:12
and Darren Tripp. Special
34:15
thanks to Jodine Dorsay,
34:17
Alfonso Bravo, Tim Cronin,
34:20
Erica Flynn, Sarah Tartar,
34:22
Katie Glazing, Mary Elcaraca,
34:25
Chinemayo Zukwena, Colin Howard,
34:27
Brandon Klein, Sami Aputa,
34:30
Kelsey Saison, Luisa Velez,
34:33
Nikki Williams and Justin
34:35
Winslow. Visit Masters of
34:37
scale.com to find the transcript for
34:39
this episode and to subscribe to
34:41
our email newsletter. Chet
34:50
TPT, I produce a podcast called
34:52
Masters of Scale and
34:54
I'm looking for a way to get listeners
34:56
to leave us a five-star
34:58
review on Apple Podcasts.
35:01
Do you have any suggestions? Absolutely.
35:05
One effective way is to engage with
35:07
your listeners directly during your episodes. Explain
35:10
to them how much a five-star review can support
35:12
your show. What about
35:14
to try to convince listeners to
35:17
share one of their favorite episodes
35:19
with somebody in their life? Do
35:21
you have any suggestions for that? Certainly.
35:25
People love to share content that has
35:27
made an impact on them. So remind
35:29
your listeners how sharing an episode can
35:31
start meaningful conversations with friends or help
35:34
others discover insights they've benefited from. Would
35:37
it be okay if I use maybe our
35:39
conversation as a segment on the show? That
35:42
sounds like a creative approach. Using
35:45
a meta-conversation about engaging
35:47
your audience as a segment could
35:49
be...
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